The Archive · 1923

KIANGCHOW NOTES

From Our Own Correspondent — Kiangchow, Shansi, Jan, 31

For some years now coin has been very plentiful around here and local shop notes have almost disappeared. In fact, in some places where a dozen years ago most business Wag transacted with bundles of indecipherable and tattered rags representing taels, now dollars and cash have entirely superseded these, while in places like this where big business is carried on, no notes have been seen for years.

Now the mandate has gone forth, and unlike some mandates it appears to be one which is to take effect—that Bank of China notes are to be legal tender. Since the beginning of the year there have been in use cash notes for 10, 20, 50 and 100 coppers, as well as dollar notes, cash exchange has gone over 1,900, and is still behind some plaices from which packets and strings cash are imported, but now that there is no cartage required for Paper cash we expect' our dollars will soon increase their cash value beyond s) lation, Yet, will dollars disappear The Post Offica in the interior is practising strict economy. We exchange our registered letters and parcels for certificates' on' which frequently there ig not a single legible character, the number and post mark being amply sufficient to identify and our memories recall all the various "regulations under which the poste] authorities accept our mail.

Text read from the printed page and cleaned; old type leaves the occasional error.

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